Dudley
107 Ocean Street

Mixed Use Investment - Value Add Opportunity

For Sale: $1,485,000

An investment property with development upside, genuine value add opportunity with robust income streams from commercial and residential tenancies.

Positioned within one of Newcastle’s most desirable suburbs, 107 Ocean Street provides the rare opportunity to invest in a well-established mixed use investment property. Additionally, the property benefits from an approved DA to construct a further three apartments without displacing any of the existing tenants, offering continuing cash flow while you build. 100% leased, the property is currently generating a gross income of $104,035.37* pa + GST.